December 2016 \ Business & Investment \ BUSINESS AND GOVERNANCE
Pune Metro

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the development of Pune Metro Rail Project Phase – 1.

  • Mr Narendra Modi

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the development of Pune Metro Rail Project Phase – 1. The Pune Metro Rail Corridor will be covering a length of 31.254 km comprising two corridors i.e. Corridor-1 {Pimpri Chinchwad Municipal Corporation (PCMC) to Swargate} covering length of 16.589 km (11.57 km elevated and 5.019 km underground) and Corridor-2 (Vanaz to Ramwadi) covering 14.665 km (fully elevated). The total completion cost of the metro rail corridor will be Rs.11,420 crore. The population of approximately 50 lakh of Pune Metropolitan Area will be benefitted through this metro corridor. The project is scheduled to be completed in five years from the date of start of work as per the Detailed Project Report (DPR). The approved alignments are expected to provide the much needed connectivity to the commuters and would traverse through some of the densest and traffic congested routes in the Pune Metropolitan Area. It will considerably reduce the traffic congestion and will bring in fast, comfortable, safe, pollution-free and affordable mass transportation system in the city, which in turn will contribute to further development and prosperity of the area. Development and prosperity of Pune Metropolitan Area will also contribute to the prosperity and development of the nation.




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